1.- What is The International Trade?

The international trade is change the goods and services between countries.

2.- Why should nations trade with each other?

what benefits are to be gained are to be gained by trading?

3.- What do we mean by a " Pattern Of Trade"?

The main pattern of trade is that developing countries tend to export mainly primary goods, and import mainly manufactured goods

4.- What is the World Trade Organisation?

is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the world’s trading nations and ratified in their parliaments. The goal is to help producers of goods and services, exporters, and importers conduct their business

5.- What benefits are to be gained by being a member?

1. The system helps promote peace

2. Disputes are handled constructively

3. Rules make life easier for all

4. Freer trade cuts the costs of living

5. It provides more choice of products and qualities

6. Trade raises incomes

7. Trade stimulates economic growth

8. The basic principles make life more efficient

9. Governments are shielded from lobbying

10. The system encourages good government

6.- What is the effect of globalization on world trade and on the nations that trade?

The first effect of globalization is the Free Trade